Personetics Technologies News
27 articles
/PRNewswire/ -- Personetics, the Cognitive Banking company that is transforming the way banks build and monetize customer relationships, announced today that...
Personetics, a leader in Cognitive Banking, has appointed Puneet Malhotra as Chief Revenue Officer to drive global sales operations and expand its influence in the banking sector. Malhotra, with a strong background in digital banking sales, will oversee operations across 30 countries, serving 150 million active monthly users. His role is crucial as banks face pressure to adapt to evolving consumer expectations and technology advancements. Personetics aims to enhance customer loyalty and product sales by integrating financial wellness with needs-based selling. The companys AI-powered platform supports financial institutions in boosting customer engagement and satisfaction, leading to increased digital adoption and sales conversions.
Management Changes
/PRNewswire/ -- Personetics, the company transforming how financial institutions build and monetize customer relationships, announced its commitment to leading...
/CNW/ -- Personetics, the company transforming how financial institutions build and monetize customer relationships, announced its commitment to leading the...
/CNW/ -- Personetics, the company that transforms how banks build and monetize customer relationships, today announced the release of its global survey report:...
Personetics has released a global survey report titled Understanding Consumer Demand in the AI-Banking Era, which highlights the growing demand for AI-driven banking services. The survey, conducted with 2,000 banking customers across North America, EMEA, and APAC, reveals that 84% of customers are likely to switch banks for services that enhance their financial wellness. The report emphasizes the importance of AI-driven insights in providing personalized banking experiences, which can lead to increased customer loyalty and product sales. The demand is particularly high among Gen Z and EMEA customers. Personetics AI-powered platform aims to transform banking into a personalized, data-driven experience, enhancing customer engagement and satisfaction.
/PRNewswire/ -- Personetics, the company that transforms how banks build and monetize customer relationships, today announced the release of its global survey...
Personetics has released a global survey report titled Understanding Consumer Demand in the AI-Banking Era, highlighting the growing demand for AI-driven banking services. The survey, which included 2,000 banking customers across North America, EMEA, and APAC, found that 84% of participants are likely to switch banks for services that help them achieve financial goals. The report emphasizes the importance of AI-driven insights in enhancing customer loyalty and driving product sales. Personetics platform enables banks to offer personalized, data-driven experiences, improving customer engagement and satisfaction. The survey also notes that Gen Z and customers over 60 show significant interest in these services. Personetics supports 150 million customers globally and serves leading financial institutions.
/PRNewswire/ -- Personetics, the company transforming how banks build and monetize customer relationships, announced today that Jody Bhagat has been appointed...
Personetics has appointed Jody Bhagat as President Global Banking to align the companys regional strategies with its global vision. Bhagat, who previously served as President of the Americas for Personetics, will now focus on developing the companys global strategy and fostering relationships with bank C-suites. With over 25 years of experience in the banking industry, Bhagat is expected to expand Personetics influence globally, building on its success in North America. Personetics is known for its AI-powered SaaS platform that helps banks enhance customer engagement and satisfaction. The company supports 150 million customers across 35 global markets.
Management Changes
/CNW/ -- Personetics, the company transforming how banks build and monetize customer relationships, announced today that Jody Bhagat has been appointed...
Personetics has appointed Jody Bhagat as President Global Banking, expanding his role from President of the Americas. Bhagat will focus on aligning the companys regional strategies with its global vision, supporting its growing global business, and fostering relationships with bank C-suites. With over 25 years of experience in the banking industry, Bhagat has held leadership positions at major American banks and was a partner at McKinsey & Company. Personetics is a leader in transforming how banks build and monetize customer relationships, using an AI-powered SaaS platform to boost customer engagement and satisfaction. The company supports 150 million customers across 35 global markets.
Management Changes
/CNW/ -- Personetics, the company transforming how banks build and monetize customer relationships, announced a series of new features for its AI-powered...
Personetics has announced new features for its AI-powered product, Personetics Engage, aimed at enhancing the personalization of digital banking experiences. These features include an Activity Tracker, Financial Recap, Bank and User Categorization Control, and Custom User Journeys, all designed to empower financial institutions to offer more tailored financial advice and insights to their customers. The enhancements are part of Personetics strategy to transform how banks build and monetize customer relationships by using AI to provide contextual and relevant insights. The company supports 150 million customers across 35 global markets, emphasizing its commitment to improving customer engagement and satisfaction.
Product StageCustomers
Personetics Recognized by Celent as a Global Leader in Personal Financial Engagement (PFE) for Retail Banking
Personetics, a global leader in AI-based personalized engagement solutions for financial institutions, has been recognized in a new report from Celent. The report titled Personal Financial Engagement Solutions for Retail Banking analyzes the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors. Personetics is recognized as a global leader, with the report noting its mature and evolving product covering well-defined components of customer engagement and bank value. The report cites several of Personetics larger bank clients that have achieved impressive customer engagement with this platform.
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אודי זיו, שניהל בעבר את ארניקס, מונה למנכ"ל פרסונטיקס | כלכליסט
Fintech company Personetics, which provides personalized solutions for banks and financial bodies, has appointed Udi Ziv as CEO. Ziv, who was recently CEO of Earnix, will replace Dudi Sosna, the co-founder who led Personetics for 13 years. Personetics offers personal and digital banking solutions to banks worldwide. The company has developed a platform that allows customers to offer personalized financial conduct automatically. The solutions are available to customers directly digitally or in collaboration with a banker and are tailored to households, small businesses, affluent customers, and credit card holders.
Management Changes
Personetics Recognised as Top Solution for Banks Serving Small Businesses
Celent Report Finds Personetics Is the Top Banking Solution for Small Business Banking in North America
Personetics, a global leader in financial data-driven personalization and customer engagement, has been recognized by Celent as a superior platform for enabling banks to become challengers in small business banking. Celent, a leading research and advisory firm for the financial services industry, profiled eight fintech companies, including Personetics. The report highlighted the significant role of financial data in enhancing customer engagement and the need for banks and credit unions to partner with fintech providers to quickly increase customer engagement and lifetime value.
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Fintech company Personetics lays off 30 employees, 8% of team | CTech
Israeli fintech company Personetics has laid off 30 employees, accounting for 8% of its team. The company had previously raised $85 million in growth funding from Thoma Bravo in January 2022, bringing its total funding to $160 million. Personetics provides personalization and customer engagement solutions for banks and financial services providers, focusing on proactive engagement using AI-powered technology. The article discusses the AI gold rush, the potential end of the cybersecurity party in 2023, and highlights the 50 most promising Israeli startups. The article also mentions Neema, a platform used by 7% of Israelis to move money overseas every two months.
Layoffs
Fintech company Personetics raises $85 million from Thoma Bravo
Israeli fintech company Personetics has raised $85 million in growth funding from Thoma Bravo. The funding brings Personetics total funding over the last 10 months to $160 million. The company provides personalization and customer engagement solutions for banks and financial services providers. Personetics AI-powered technology focuses on proactive engagement and is used by leading banks around the world. The funding will be used for expansion in Asia, South America, and Europe, as well as potential acquisitions. Personetics CEO David Sosna emphasized the companys focus on sales rather than valuation.
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כמו רכב אוטונומי: הכירו את השלב הבא בבנקאות הדיגיטלית
The article discusses the next stage in the fintech revolution, autonomous banking, which is based on artificial intelligence. Banks are beginning to offer autonomous banking services to customers, similar to a self-driving car, the revolution offers money that manages itself. The innovation from popular digital banking today is in the concept that describes artificial intelligence software capable of learning customers, recognizing their consumption and savings habits, and managing their savings system, deductions, debt repayments, and investments independently, without definitions. The services follow the customer, when he changes, they also change. Doral Blitz, VP of Strategy and Business Development at Personetics, is featured in the Fintech Report podcast to present the next stage in the fintech revolution.
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Personetics secures a $75 million investment from Warburg Pincus to accelerate the global expansion of its AI-driven personalization and engagement solutions for financial institutions
Personetics, a global provider of data-driven personalization and customer engagement solutions for banks, has raised $75 million in growth funding from Warburg Pincus LLC. The funding will support Personetics in expanding its global footprint and partnering with new clients. Personetics offers an AI software platform that analyzes customer financial data and behavior in real-time, providing personalized insights and advice to banks customers. The companys software is used by leading banks worldwide and has seen significant increases in digital customer engagement and account growth. Personetics aims to be the standard for self-driving finance and has flagship clients such as U.S. Bank, RBC, and Santander.
Investment
Fintech Startup Personetics Opens R&D Center in Nazareth
Israel-based fintech startup Personetics Technologies Ltd. is opening a research and development center in Nazareth to support its recent growth. The company provides AI-based personalization and customer advocacy tools to the financial sector and has over 30 global banks as customers. Personetics has doubled its development team over the past two years and is recruiting additional resources for all of its locations. The opening of the new center in Nazareth creates new opportunities for skilled people who have been barred from the Israeli startup scene due to location. Tsofen, a non-profit organization promoting the integration of Arabs into the local technology industry, assisted Personetics with the launch of the new center.
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Leading Banks Share Successes and Lessons Learned on the Road to Self-driving Finance™ at Personetics' Global User Conference
Representatives from leading banks showcased the positive impact of personalized insights, advice, and automation on customer engagement, satisfaction, and financial wellbeing at the Personetics User Conference. Banks such as AXA Banque, BGL BNP Paribas, Huntington, Metro Bank, RBC, United Overseas Bank, and US Bank demonstrated the measurable benefits experienced by over 65 million bank customers worldwide. Examples include RBCs NOMI Budgets, which saw over 230,000 budgets set in just one month, and Metro Banks Insights, which received high ratings from over 85% of customers. The conference highlighted the growing trend of banks adopting Self-Driving Finance and the importance of personalized advice and automation in improving customers financial lives.
Customers
Small Business Customers Embrace AI-driven Insights and Advice Integrated Into Online and Mobile Banking
Personetics, a leading provider of customer-facing AI solutions for financial services, is bringing AI to small business banking. The AI-driven solution helps small businesses manage their banking needs, optimize cashflow, and ensure future growth. Banks that have implemented the solution are receiving positive customer feedback. A survey conducted by Personetics reveals that small businesses want more digital banking services, including cashflow management tools and financial guidance. The power of AI and predictive analytics can help banks address these needs by highlighting payment and receivable issues, predicting cashflows, and recommending financing options. Personetics solution aims to reduce time-to-market for banks and allows for customization to meet changing customer and business needs. The company has a strong presence in the financial industry and serves over 60 million bank customers worldwide.
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Personetics Expands Singapore Office to Support Rising Demand by Asia Pacific's Banks
Personetics, a provider of Self-Driving Finance solutions for the banking industry, is expanding its presence in Singapore to meet the growing demand for its AI-powered solutions in the Asia Pacific region. The company is adding local resources to support its partnerships with leading banks and system integrators in the region. Personetics will also showcase its solutions at the Singapore Fintech Festival. Personetics has the largest direct customer impact of any AI solution provider in banking, serving over 50 million bank customers worldwide. The company has offices in New York, London, Singapore, and Tel Aviv.
Partners
Personetics Reveals Industry-First Self-Driving Finance™ Platform
Personetics, a leading provider of customer-facing AI solutions for financial services, has unveiled the industrys first Self-Driving Finance platform. This platform aims to simplify financial decision-making by using AI to guide consumers and businesses towards their financial goals. Self-Driving Finance offers varying degrees of assistance, from real-time insights to personalized recommendations and automated money management. The World Economic Forum predicts that Self-Driving Finance will have a major impact on the way financial services connect with customers and compete for their loyalty. The platform aims to fill a gap in customers financial lives, as many Americans struggle financially and expect more help from their financial services providers. Personetics solutions have been used by the worlds largest financial institutions and have had a positive impact on engagement levels and share of wallet.
Customers
Singapore: UOB backs Israel-based fintech startup Personetics
UOB has invested in and formed a partnership with fintech startup Personetics.
Partners
Personetics and its Customers to Discuss AI in Banking at the 2018 Retail Banking Conference
Personetics, a provider of AI solutions for financial institutions, will be well represented at the upcoming Retail Banking Conference. The companys AI technology is being used by PSECU to anticipate individual members financial needs and provide timely information and insights. Personetics will also showcase successful AI deployments by financial institutions at their booth during the conference. Personetics Cognitive Banking Brain is used by over 45 million customers to transform everyday banking into personalized interactions. The company has been recognized as a Gartner Cool Vendor and a Top Ten FinTech Company by KPMG.
Customers
Santander invests in artificial intelligence startups: sources
Banco Santander SA has invested in two artificial-intelligence companies, Personetics Technologies and Gridspace. The investments highlight the financial industrys increased focus on using AI for various tasks. Personetics Technologies provides automated customer service through chatbots, while Gridspaces software can interpret language like a person. Santander InnoVentures, the banks venture arm, made the investments. The size of the investments was not disclosed. Santander InnoVentures was established in 2014 to invest in fintech companies and has already backed more than a dozen companies.
Investment
Personetics Wins Best of Show Award at Paris Fintech Forum
Personetics, a provider of cognitive applications for the financial services sector, has won the Best of Show award at the Paris Fintech Forum. The company was named the winner in the Services for Financial Institutions category, recognizing its ability to deliver cognitive financial services applications that transform how financial institutions engage and serve their customers. Personetics has received numerous awards in the past, including Gartner Cool Vendor and Top Ten FinTech Company by KPMG. The companys cognitive applications enable financial institutions to understand and anticipate individual customer behavior and needs, communicate in a personalized manner, and continuously learn and improve from each interaction.
Customers
Office Tour: Personetics Offices - Tel Aviv
Roy David Studio has developed a new office design for tech company Personetics in Tel Aviv, Israel. The office is located in a newly renovated building proposed by the studio as a high-tech business hub. The design features an impressive custom-made light fixture composed of 70 LED lights, creating a perpetual wave-like illusion. Wooden columns are used to visually separate the waiting area from the rest of the office, while a minimalistic conference room adds touches of color. The overall intervention transforms the space into an impressive and memorable office.
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http://www.finextra.com/news/announcement.aspx?pressreleaseid=57234
Personetics announced that the First International Bank of Israel (FIBI) is the first bank to deploy their personalized guidance solution covering both investments and banking relationships. The solution utilizes predictive analytics and relevancy scoring to provide relevant insights to customers across their banking and investment accounts. FIBI customers will receive prompts and useful tips based on their activities and holdings. The deployment is seen as an innovative approach to better guide and help customers. The personalized guidance solution is described as a smart personal assistant that learns and adapts to customer needs. The technology analyzes customer activities in real-time and tailors responses to specific customer needs.
Customers
